Deputy prime minister pham binh minh

Deputy Prime Minister Pham Binh Minh (R) receives Chairman of Daewoo E&C Group Jung Won-ju (Photo: VNA) Hanoi (VNA) - The Vietnamese Government is willing to create favourable conditions for foreign enterprises, including those from the Republic of Korea (RoK), to expand investment and business in Vietnam, Deputy Prime Minister Pham Binh Minh told Chairman of Daewoo E&C Group Jung Won-ju. During a reception for Jung on June 22, the Vietnamese leader expressed his belief that the two countries' relations will continue to develop more intensively and substantively in various fields, especially trade and investment. Deputy PM Minh highly valued investment of RoK enterprises in Vietnam, including Daewoo E&C Group. He said that Starlake Tay Ho and Meyhomes Capital Phu Quoc projects invested by the firm have contributed to creating a spacious and modern urban landscape, and improving the value of the Vietnamese people's lives. He expected Daewoo E&C Group to … [Read more...] about Vietnam welcomes RoK firms’ investment expansion: Deputy PM

Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. - The Party Central Committee’s Inspection Commission issued a disciplinary warning against the Standing Board of the Party Committee of the Vietnam National Coal – Mineral Industries Group (Vinacomin) for the 2015-2020 and 2020-2025 tenures, during its 16th meeting that took place from June 20-22. The commission concluded that the board violated the principle of democratic centralism and working regulations, and showed a lack of responsibility along with lax leadership and supervision, letting the Council of Members and some individuals violate Party regulations and the State’s laws on production, business and investment. Read full story Minister of Foreign Affairs Bui Thanh Son talks over phone with his Omani counterpart Sayyid Badr bin Hamad bin Hamood Al Busaidi on June 22. (Photo: VNA) - Minister of Foreign Affairs Bui Thanh Son talked over phone with his Omani … [Read more...] about ☀️ Morning digest on June 23

Hanoi, (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. In their messages, the Vietnamese leaders noted with satisfaction that despite numerous challenges, ups and downs in history, the Vietnamese and Cambodian peoples have always stood side by side and supported each other in the struggles for national liberation in the past as well as in each country’s national development at present, which is a priceless asset that the two countries’ leaders and peoples need to continue nurturing. Read full story Read full story Explaining the drug and medical supply shortages in some localities and central-level hospitals, the Ministry of Health (MoH) pointed to the COVID-19 pandemic, whose serious impacts in 2020 and 2021 led to the scarcity of materials for production and surged prices and subsequently made it more difficult to purchase medicine and medical supplies. Read full story Read full story Spokeswoman of the Ministry of Foreign … [Read more...] about ☀️ Morning digest on June 24

Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP). Vietnam and South Korea consider upgrading the relations to Comprehensive Strategic Partnership after three decades of diplomatic ties which have gained fruitful multisectoral achievements. Vietnamese Deputy Prime Minister Pham Binh Minh speaks at the event held in Seoul on June 23. Photos: VNA Vietnamese Deputy Prime Minister Pham Binh Minh gave remarks on the occasion of the 30 th founding anniversary of Vietnam-South Korea diplomatic relations (1992-2022). The two countries have become leading partner with each other, mostly in trade and investment, with South Korea being the biggest investor in Vietnam with large-scale investment projects, contributing to creating global supply chains in Vietnam, Minh said in a recorded video at the 30th Global Maekyung Forum held in Seoul on June 23. To enhance the ties, Minh suggested focusing on science-technology and innovation; digital and … [Read more...] about Vietnam, South Korea eye Comprehensive Strategic Partnership

Major tech-based companies like Samsung and Intel already have a presence in Vietnam, but the country is seeking even more, Photo: Le Toan The Fortune Global 500 goal is a highlight of Vietnam’s strategy for foreign investment cooperation for the 2021-2030 period. At a conference on strengthening Vietnam-Japan cooperation and development organised in the northern province of Vinh Phuc last week, Masuoka Hiroyoshi, general director of Thang Long Industrial Park Company, said that the group is continuing to survey locations to develop industrial zones, following Thang Long I and II industrial parks (IPs) in Hanoi and the northern province of Hung Yen and Thang Long IP in the northern province of Vinh Phuc. Sumitomo Corporation is one of the groups listed on the Fortune Global 500, and has operated IPs for over 20 years in Vietnam. “Since first entering Vietnam, the corporation has received support from the government, relevant authorities, and localities in completing … [Read more...] about Vietnam going for gold with Fortune Global 500 attraction

The government has already made strong efforts to boost the domestic business environment, Le Toan With the National Assembly (NA) urging the government to quicken the implementation of the country’s Programme on Socioeconomic Recovery and Development (PSRD) backed by a monetary and fiscal policy worth $15 billion in a bid to provide more assistance to struggling enterprises and people, Deputy Prime Minister Pham Binh Minh has reported to the NA that the government will do its best to continue carrying out this great mission. “So far, the government has promulgated six decrees to implement many initiatives on the exemption, reduction, and extension of tax payment, land rental, and lending rate assistance,” Minh said. “The prime minister has also enacted decisions on providing support in the form of housing rental for labourers, providing concessional loans for pupils and students, and privately-owned nursery schools and primary schools.” The government has also announced an … [Read more...] about New principles deployed for policy funding

Denmark’s LEGO recently poured a green investment worth over US$1.3 billion into Vietnam. (Source: baodautu.vn) The strategy for 2021 - 2030, signed off by Permanent Deputy Prime Minister Pham Binh Minh, aims at raising capital flows from countries and territories in certain regions to over 70% of total foreign investment in Vietnam during 2021 - 2025 and 75% during 2026 - 2030. The targeted partners include the Republic of Korea (RoK), Japan, Singapore, China, Taiwan (China), Malaysia, Thailand, India, Indonesia, and the Philippines in Asia; France, Germany, Italy, Spain, Russia and the UK in Europe, and the US. This strategy also looks to raise the number of multinationals listed in Fortune Global 500 operating in Vietnam by 50 percent. According to Dau tu (Vietnam Investment Review), the Foreign Investment Agency under the Ministry of Planning and Investment has held a working session with Intel. Details about this meeting haven’t been revealed, but it was likely about the … [Read more...] about Vietnam looks forwards to stronger investment from US, Europe

Hanoi, (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. -President Nguyen Xuan Phuc and a delegation of National Assembly deputies in Ho Chi Minh City met with local voters on June 21 to inform them about the recent third session of the 15th legislature. The President said HCM City should adopt breakthrough policies, especially those driven towards scholars and intellectuals, and solutions to handle limitations in bidding and drug procurement, as well as the shortage of drugs and medical equipment. Read full story -Vietnam always attaches importance to promoting its traditional friendship and cooperation with Mozambique and regards the country as a key partner in Africa, Prime Minister Pham Minh Chinh affirmed at a meeting with President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias in Hanoi on June 21. He highlighted the positive development in the bilateral relations over the past time, especially in … [Read more...] about ☀️ Morning digest on June 22

Vietnam and Cambodia have entered a stage of comprehensive cooperation and mutual benefit with a five-decade legacy. Senior leaders of Vietnam and Cambodia attended a ceremony in the Hanoi Opera House today [June 24] to celebrate the 55th founding anniversary of the Vietnam-Cambodia diplomatic relations (June 24, 1967-June 24, 2022). Senior officials of both Vietnam and Cambodia at a celebrating ceremony in Hanoi on June 24. Photos: VGP Attending the ceremony are Vo Van Thuong, Politbureau member and standing secretary of the Party Central Committee’s Secretariat, and Men Sam An, Permanent Deputy Prime Minister of Cambodia. Addressing the event, Men Sam An said Vietnam’s assistance has helped bring Cambodia out of a period of mourning and separation. “Vietnam’s support and help have contributed to turning Cambodia from a nation separated by war to a unified country with complete peace and development in all fields,” she noted. A week ahead of the … [Read more...] about 55th anniversary of Vietnam-Cambodia relations observed